Tag Archives: outlook:

[ad_1] Loading The blowouts come amid ongoing concerns about the sustainability of the private health system, as insurers’ claim costs rise faster than their revenue and younger people – who are meant to subsidise older members – drop their coverage at unprecedented rates. Nib managing director Mark Fitzgibbon said the …

[ad_1] Despite the deceleration in hiring, labour market participation is seen holding at 66 per cent, keeping the national unemployment rate steady at 5.2 per cent, in line with the RBA’s forecasts offered in November last year. ANZ Bank is looking for a 5,000 jobs increase in employment during the …

[ad_1] The Automobile Association (AA) has painted a mixed picture for December in spite of a forecasting an overall downturn at the pumps. Commenting on mid-month unaudited data released by the Central Energy Fund on Friday (15 November), the AA said that while it expects the price of petrol to …

[ad_1] Magna International Inc. has cut its outlook for the year on lost volume from the nearly six-week strike by GM workers in the United States. The Canadian auto-parts manufacturer, which reports in U.S. dollars, said Friday it now expects total sales this year of between $38.7 billion and $39.8 …

[ad_1] Most will be shell shocked that the bank needed to cut its dividend by 15 per cent – the first time it has been cut in ten years. This ‘reset’ will be particularly painful for small investors, particularly retirees, that rely on dividend income. That wasn’t the only negative …

[ad_1] Intel Corp. shares rallied in the extended session Thursday after the chip giant’s quarterly results and outlook topped Wall Street estimates and data-center sales showed an unexpected increase in what the company called the best quarter in its history. Data-center group, or DCG, revenue rose 4% to $6.4 billion, …

[ad_1] The Canadian Real Estate Association raised its forecast for home sales this year, helped by economic fundamentals and falling mortgage rates. The improved outlook for the year came as CREA reported home sales in August were up five per cent compared with the same month last year. The organization …

[ad_1] CrowdStrike Holdings Inc. shares tumbled in the extended session Thursday after the cybersecurity company didn’t provide as aggressive an outlook as it had in the previous quarter and fielded questions on how recently announced acquisitions of competitors by partners will affect its business. CrowdStrike CRWD, +1.81% shares dropped 9% …

[ad_1] Telstra raised its 2020 core earnings guidance on Monday as it anticipates the worst impact of the rollout of the National Broadband Network to occur later than previously expected. Telstra is one of the country’s largest companies.Credit:Justin McManus Australia’s largest telco by market value said it expected 2020 underlying …

[ad_1] Splunk shares have risen 13% YTD versus a return of 16.8% for the Nasdaq Composite. Photographer: David Paul Morris/Bloomberg BLOOMBERG NEWS There were both positives and negatives in the latest earnings report from Splunk (SPLK). Traders favored a more bearish short-term narrative, sending the stock down nearly 8% in …